Common use of Hedging Clause in Contracts

Hedging. Seller has entered into Interest Rate Protection Agreements with respect to the Conforming Mortgage Loans, having terms with respect to protection against fluctuations in interest rates acceptable to Buyer in its sole discretion. In the event that Seller intends to make any change to its policy regarding Interest Rate Protection Agreements, Seller shall notify Buyer in writing 30 days prior to implementing any such change.

Hedging. Seller has entered into Interest Rate Protection Agreements with respect to the Conforming Mortgage Loansor other arrangements, having terms with respect to protection against fluctuations in interest rates acceptable to Buyer in its sole discretion. In consistent with the event that Seller intends to make any change to its policy regarding Interest Rate Protection Agreements, Seller shall notify Buyer in writing 30 days prior to implementing any such changeterms of Seller’s hedging program.

Hedging. Seller has entered into Interest Rate Protection Agreements or other arrangements with respect to the Conforming Purchased Mortgage Loans, having terms with respect to protection against fluctuations in interest rates acceptable to Buyer in its sole discretion. In consistent with the event that Seller intends to make any change to its policy regarding terms of Seller’s hedging program and has notified Administrative Agent of the terms of such Interest Rate Protection Agreements, Seller shall notify Buyer Agreements or other arrangements in writing 30 days prior to implementing any such changewriting.

Hedging. Seller has entered into Interest Rate Protection Agreements with respect to the Conforming Mortgage Loans, having terms with respect to protection against fluctuations in interest rates acceptable to Buyer in consistent with its sole discretion. In the event that Seller intends to make any change to its policy regarding Interest Rate Protection Agreements, Seller shall notify Buyer in writing 30 days prior to implementing any such changehedging policy.

Hedging. Seller has entered into Interest Rate Protection Agreements with respect to the Conforming Mortgage Loans, having terms with respect to protection against fluctuations in interest rates acceptable to Buyer Administrative Agent in its sole discretion. In the event that Seller intends to make any change to its policy regarding Interest Rate Protection Agreements, Seller shall notify Buyer Administrative Agent in writing 30 thirty (30) days prior to implementing any such change.

Hedging. Seller has entered into Interest Rate Protection Agreements with respect to the Conforming Purchased Mortgage Loans, having terms with respect to protection against fluctuations in interest rates acceptable to Buyer in its sole discretion. In the event that Seller intends to make any change to its policy regarding Interest Rate Protection Agreements, Seller shall notify Buyer in writing 30 days prior to implementing any such change.

Hedging. Seller has entered into Interest Rate Protection Agreements with respect to the Conforming Mortgage Loans, having terms with respect to protection against fluctuations in interest rates consistent with its hedging policy which policy shall be acceptable to Buyer in its sole discretion. In the event that Seller intends to make any change to its hedging policy regarding as it relates to Interest Rate Protection Agreements, Seller shall notify Buyer in writing 30 days prior to implementing any such change.